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Updated Feb. 14, 2001 11:57 a.m. ET

Hong Kong Official Is Named to Top China Post

China has picked a Hong Kong woman to help combat stock market abuses, in the first time Beijing has filled a high government position with someone from outside the mainland. The Chinese government has tapped Laura Cha, a senior Hong Kong securities regulator, to serve a two-year term as vice chairman with the China Securities Regulatory Commission. Ms. Cha, deputy chairman and executive director of the Hong Kong Securities and Futures Commission, confirmed Tuesday that she will begin her new job in March. Her appointment comes as Chinese regulators step up efforts...